Veer Energy & Infrastructure (BOM:503657) Price-to-Tangible-Book : (As of Jun. 05, 2024)

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What is Veer Energy & Infrastructure Price-to-Tangible-Book?

As of today (2024-06-05), Veer Energy & Infrastructure's share price is ₹18.59. Veer Energy & Infrastructure's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Veer Energy & Infrastructure's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Veer Energy & Infrastructure's Price-to-Tangible-Book or its related term are showing as below:

BOM:503657' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.11 Med: 0.25 Max: 0.71
Current: 0.44

During the past 13 years, Veer Energy & Infrastructure's highest Price to Tangible Book Ratio was 0.71. The lowest was 0.11. And the median was 0.25.

BOM:503657's Price-to-Tangible-Book is ranked better than
88.13% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.505 vs BOM:503657: 0.44

A closely related ratio is called PB Ratio. As of today, Veer Energy & Infrastructure's share price is ₹18.59. Veer Energy & Infrastructure's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Veer Energy & Infrastructure's P/B Ratio of today is .

Veer Energy & Infrastructure Price-to-Tangible-Book Historical Data

The historical data trend for Veer Energy & Infrastructure's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Veer Energy & Infrastructure Price-to-Tangible-Book Chart

Veer Energy & Infrastructure Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.20

0.11

0.16

0.24

0.22

Veer Energy & Infrastructure Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.22	-	0.38	-

Competitive Comparison of Veer Energy & Infrastructure's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Veer Energy & Infrastructure's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Veer Energy & Infrastructure's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Veer Energy & Infrastructure's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Veer Energy & Infrastructure's Price-to-Tangible-Book falls into.

Veer Energy & Infrastructure Price-to-Tangible-Book Calculation

Veer Energy & Infrastructure's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	18.59	/	0
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Veer Energy & Infrastructure Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Veer Energy & Infrastructure's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Veer Energy & Infrastructure (BOM:503657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Veer Energy & Infrastructure Ltd (BOM:503657) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

J. Shankar Sheth Marg, 629-A, Gazdar House, 1st Floor, Near Kalbadevi Post Office, Mumbai, MH, IND, 400002

Website

https://www.veerenergy.net

Veer Energy & Infrastructure Ltd is engaged in the business of implementation and operation of large?scale projects in the renewable energy sector. It is India based renewable energy Company that provides services across India to develop, construct and operate projects that contribute to the goal of a low-carbon and sustainable future. The company generates revenue from the sale of services, and sale of goods, where the majority of the revenue is generated from the sale of services.

Veer Energy & Infrastructure (BOM:503657) Headlines

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